Seacoast Marketing Meeting Minutes February 2020

February 21, 2020

NHCIBOR

New Hampshire Commercial Investment Board Realtors
Minutes of Seacoast Marketing Session

 

Alpha Building Inspections was the breakfast sponsor. Tracy and Steve with Alpha Building Inspections are looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 5-inspector company that performs residential inspections all over the state of NH and Southern ME. Also, they perform commercial inspections all throughout New England.

 

CASH BUYERS:

Dave Garvey, KW Commercial Has buyer looking for up to 5 acres, Price between 1.5 mil-1.9 mil.

David Choate and Abby Morneault are working with Haven to combine the HQ and the shelter on 3 acres with a building that is between 20k to 25k sq ft and that has to be on the bus route for Newington or Portsmouth.

Russ Doyle, Two International Group, No Cash Buyers.

Chris Pascucci, Masiello Commercial, No Cash Buyers.

Peter Gluckler, Masiello Commercial, has a buyer looking for small industrial, 5,000 to 6,000 sq ft, between Manchester to Portsmouth.

Jay Lee, Verani, has a buyer looking for an office building up to 3 million in Southern NH and for Self Storage opportunities.

Mark Devins, KW Commercial, No Cash Buyers.

Bryan Wright, Colliers International, has a buyer looking for Breakfast-Lunch Concept, up to 1 million, NH or Mass.

Steve Spain, Masiello Commercial, No Cash Buyers.

Bill Kibby, Bean Group, No Cash Buyers.

Joe Friedman, Brooks Properties is  looking for land to build 50,000-100,000 sq st, Manchester I 95 to Mass.

Lisa Reehl, KW Commercial, has buyers looking for 5 plus unit apartments, up to 10M in Southern NH.

Ethan Ash, KW Commercial, has 2 buyers looking for 200 plus apartments or 75-100 apartments North of 95 Corridor.

Richard DeSoto, KW Commercial, No Cash Buyers

Andy Ward, Colliers International, has 4 buyers looking for Self Storage building or land zoned for it with a target under 300 units within an hour of the Seacoast. One buyer will go as far as Biddeford, Maine.

Chris Melanson, Norton Asset Management, has a buyer looking for a 20k to 30k sq ft building on the Seacoast for an owner user.

 

Announcements

 

The Statewide NHCIBOR Marketing Meeting occurs on the 4th Wednesday of the month from 9:00 to 10:15 at 166 South River Road in Bedford. The next meeting will be held February 26, 2020.

Breakfast Sponsorships are available for 2020 CIBOR meetings: the months of May and September are still available. Please reach out to David Choate if you would like to host.

110 Grille in Haverhill, 2nd Thursday of the month at 5:30, is the North Shore Marketing Group. Contact Scott Forte for details.

Please consider becoming a member of NHCIBOR. Thank you very much if you are already a member.

 

Listings

Joe Friedman, Brooks Properties has an office building for sale in Policy Brook Park, Red Roof Lane in Salem. The price is $4,750,000 and it is 30,646SF. Another listing is an office for lease, 16 Rte 111, Building 3, Derry.  Available space is 2550-14550 SF with a lease rate of $10 PSF.

Roxanne Barnes, Berkshire Hathaway Verani, has an office for lease in North Hampton:  3,157 SF, $12 PSF modified gross, with 120 parking spaces.

James Giampa, Carey & Giampa, LLC, has a multi family for sale for $4,750,000.  Also for sale is 95/105 Court St, Portsmouth, a 9 unit commercial/residential project with parking; terms are cash to seller and the sale price is $2,895,000.

Jay Lee, Berkshire Hathaway Verani Realty has for sale 160-176 Lake Ave, Manchester; 15,424 sq ft combined industrial/retail office for a. sale price $800,000.

Russ Doyle of Two International Group has Class A office space for lease at 100 International Dr., Portsmouth for $ 17.50 PSF NNN. Also office for lease at 25 Hampshire Ave, Portsmouth, with a base monthly rent of $5,252, (3,407 Sq Ft.for  $ 18.50 PSF).

Dave Garvey, KW Commercial, has for sale a multi-family property, The Village At Clark Brook Apartments, 1 Asteria Lane, Rochester. Asking price is $39,000,000 for 204 units on 13.95 acres, built in 2018.

Chris Pascucci, Masiello Commercial, has an old hospital in Concord on I89. Asking $975,000,  Also, space for lease in a Hudson strip mallMall next to Hannafords =  3 spaces ranging from 1700 sq ft to 7500 sq ft.

Peter Gluckler, Masiello Commercial, has a retail strip for sale in Ogunquit, Maine for $4.5M.

Lisa Reehl, KW Commercial, has for sale in Plymouth, Rte 3, 16,000 sq ft flex, 2 bay garage, 5 acres, asking $1.5 Million. Also land in Rochester; 4 parcels varies.

Andy Ward, Colliers International has for lease spaces at 75 Congress St (the Ben Franklin Building), 2nd floor = 3 office spaces-move in ready from 2400-2600 sq ft.

David Choate of Colliers International has warehouse space for sub lease (in the former ThermoFisher Scientific Building) at 25 Nimble Hill Road, Newington. The sf available is 24,270 and the sublease rate is,$5.50 NNN. Also, he and Abby have 38 Hampton Rd, Exeter, which is warehouse/office:  warehouse 3300 sq ft, office 700 sq ft,and the asking price is $12 gross. There is also 800 ssf at Plaza 800 in Portsmouth where Sole Training used to be.  The price is $16.00 NNN.

 

Haves and Wants

Due to the large group of attendees, a third go around was not possible. Nobody had any additional listings or haves and wants to add.

 

Affiliates:

 

Tracy and Steve with Alpha Building Inspections are looking to speak with lenders about bank draw inspections. Alpha Building Inspections is a 5-inspector company that performs residential inspections all over the state of NH and Southern ME. Also, they perform commercial inspections all throughout New England.

Dylan Cruess of TFMoran provides full-service retail, industrial, energy, office, institutional, municipal and residential services. Dylan is happy to assist you with conceptuals so you can make the most of your time commitment to a project. TFMoran employs 70 people.

Barbara Lizotte of Tobey & Merrill Insurance creates a circle of protection, providing a simple and practical insurance plan that is customized to your individual needs.

Bill Jean with Fulcrum Associates is a construction management firm based in Amherst, NH that has been building a solid reputation in the construction industry since 1989. .

Scott Kingsley with Primary Bank provides commercial, industrial, and residential loans with a lending limit up to 3.7 million.

Joe Cunningham of Cunningham Associates Insurance serves NH and ME personal and business insurance needs.

Kathryn Bristol of NewVo Interiors can assist you in furnishing your new space and plan for optimal space utilization.

Jeff Boufford with Boyd & Boufford Insurance provides insurance to Southern. They specialize in commercial real estate and have significant experience with storage facilities. This being said, you will receive personalized services for all your projects.

Al Silva of Silva Graphics is serving the New England area with more than 30 years’ experience in the sign industry.

Jeremy Forest of Bridges Brothers Movers represents a family-owned company specializing in residential moving for more than 100 years.

Ryan Theil of A1 Exterminators is ready to help you get rid of uninvited tenants like bed bugs, ticks, and mosquitos, as well as all kinds of rodents. He thanks CIBOR members for all their referrals.

Shane Brewer, Profile Bank, Commercial Loan Officer, shane.brewer@profilebank.com

Adam Diorio, Primerica,

In 1977, we were founded on a simple idea: Just do what’s right. That concept remains at the heart of everything we do for Main Street families every day.

We teach people how money works, because we believe a solid financial knowledge foundation is the key to making healthy money choices. We pioneered the “Buy Term and Invest the Difference” philosophy – a crusade which revolutionized the life insurance industry and the investment business. And from the beginning, we have only offered term life insurance as part of our commitment to only market products that are right for the consumer, a philosophy we still apply to our solutions today.

Jeffrey Hiatt Since 1995 we have been working to help clients reduce expenses and increase profits. We will look and evaluate any provider to determine if there exists any opportunity for savings, Typical areas reviewed: Cost Segregation, Energy Purchasing, Electronic Payment Processing (Credit Card), Work Opportunity Tax Credits, Green Energy, Solar Installation Review, LED Lighting upgrades, Utility Rebate Programs, Energy Efficiency Audits, Brown Field Tax Credits,

Michelle Dreselly Property tax abatement with 15+ years of experience in commercial, retail, residential and industrial tax abatements. Allobar Strategies, 4 Park Street,Concord, NH 03301 Email:contact@allobarstrategies.com

Jason Settineri, Build It, Plaistow, NH

Pat Breen-Preferred Movers, www.preferred-movers.com , Our local movers  are well trained to handle any moving job with a positive and professional attitude.

Steve Hudson, HGI, LLC Steve Hudson, HGI’s President participates on BIA’s Economic Development and Fiscal Policy Committee. He is interested in facilitating the retention of existing jobs in NH and bringing new employers to the State.

Karen Anderson, An experienced former Town Administrator with a demonstrated history of working in the government administration industry and skilled in Nonprofit Organizations, Government, Emergency Management, Volunteer Management, and Public Speaking, Karen is a Project  Assistant   at Town of  Newington.

Andrew Guyton and Mike Caraglia, The Guyton Group, The Guyton Group is a preeminent strategic advisory firm on the Seacoast of New Hampshire. We deliver integrated financial plans to business owners and individuals to enhance wealth and maintain financial balance for our clients and their families beyond traditional financial planning. We commit to offering a dynamic advisory experience to assist our clients as they make legal, business exit and financial decisions.

Scott Briggs-The Flying Locksmith. The Flying Locksmith is Portsmouth’s trusted name in residential services and home security.

Carol Estes, Bangor Savings – Bangor Savings Bank has been meeting the financial needs of New Englanders for over 167 years by living Our Promise: to remain true to the mission of our founders and deliver our You Matter More promise to help our employees, customers, and communities prosper. Together, we are “creating something better” every day, from Bangor Support and our network of branches to the local team on Main Street in communities across Northern New England. Every day is an opportunity to make your experience more personal.

Matt L’Heureux, NHsaves. In 2017, Matt graduated from the University of New Hampshire with a dual B.S. degree in Environmental & Resource Economics and Sustainability. His studies focused on economic analysis and facilitation of interdisciplinary sustainability solutions, which was supplemented with a minor in Green Real Estate. Post-graduation, Matt worked as a UNH Sustainability Fellow where he assisted in developing a Climate Resilience Plan with key community stakeholders and university departmental leadership for the Durham community.  Following his time as a Sustainability Fellow, Matt worked at Advanced Excavating & Paving where he acted as a Project Estimator and Assistant Project Manager.  There he excelled at facilitating communication between the many different stakeholders involved in each project. As a Relationship Manager at RBG, Matt assists New Hampshire businesses with NHSaves Energy Efficiency incentive applications. He currently holds a LEED AP BD+C accreditation and BPI Building Analyst Certification.

Taylor Kulhauik, Chapman Construction.  Taylor worked in the Public Relations industry prior to joining Chapman in 2015. Along with her experience and education, she utilizes her organizational skills, outgoing personality, and driven mentality in her current role as Marketing Associate. Taylor supports all of Chapman’s marketing and business development efforts with all proposals, photography, and building brand awareness through social media. She is a member of the Society for Marketing Professionals Services (SMPS), National Association of Industrial and Office Properties (NAIOP) and serves as a co-manager of Chapman’s Emerging Professionals Group,

Bill Hendrick, Restore My Floor.  We are a full service floor care company that services both the residential and commercial industries. We specialize in carpet, tile & grout cleaning, hardwood restoration, & hard surface coatings,

Kelly Beaudion, Hub International.  In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.  When you partner with us, you’re at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.  And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.

Marie Shelly, John Turner Consulting.  John Turner Consulting, Inc. (JTC) is a multi-discipline consulting firm founded in 1997, providing geotechnical engineering and consulting, environmental consulting, special inspections, utility inspections, highway inspections, materials testing, and structural and infrared evaluations. We have grown to a staff of over 150 professionals providing services throughout New England and the state of New York.

Asad Chandhry, Comcast Business for all your business internet needs.

 

Next Meeting is 8:00 – 9:45 am, Friday, March 20th at One New Hampshire Avenue, Third Floor Conference Room, Pease Tradeport,, Portsmouth.

Disclaimer: These notes are taken as I understood everybody. For details and clarification, please contact the individual attendee directly

 

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